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Entergy Bills to Rise for Hurricane Repairs

5 years ago June 17, 2010 Jun 17, 2010 Thursday, June 17 2010 Thursday, June 17, 2010 8:30:28 PM CDT in News
Source: Associated Press
By: Michael Marsh

Entergy customers in Louisiana will see their bills go up as early as August to pay for the utility's damage from hurricanes Ike and Gustav.  More than a million customers are affected who are served by Entergy Louisiana and Entergy Gulf-States.  The company will borrow $721 million for the repairs and to replenish a reserve fund to help cover damage costs from future storms.  Entergy Gulf-States customers in the Baton Rouge region will see a surcharge on their bills of about $1.42 per 1,000 kilowatt hours. 

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